The USD/CNY exchange rate continued its strong downward trend this week, reaching its lowest level since April 2023 ... The USD/CNY pair continued its strong downward trend after the Supreme Court ruled against Donald Trump’s tariffs.
The People’s Bank of China (PBOC) established the USD/CNY reference rate at 6.9414 on Thursday, marking a subtle yet significant adjustment from the previous day’s 6.9398 fixing ...Global Context of the 6.9414 USD/CNY Reference Rate.
Global currency markets face renewed scrutiny as MUFGBank projects gradual downside pressure on the USD/CNY pair, with shifting tariff policies between Washington and Beijing creating complex crosscurrents for traders and policymakers in early 2025.
KUALA LUMPUR. Traffic on several major highways in Peninsular Malaysia heading towards Kuala Lumpur was reported to be slow this afternoon as people returned after the Chinese New Year and early Ramadan break. Read full story ... .